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Bitcoin, Ether Lose Ground as Twitter CFO Rules Out Crypto Investment, Dollar Index Hits 16-Month High

Ned Segal’s comments likely provided a reason for traders to take some risk off the table in the wake of the rising dollar and U.S. tax reporting requirement.

Updated May 11, 2023, 6:43 p.m. Published Nov 16, 2021, 7:50 a.m.
Chart showing a drop in bitcoin's price Nov. 16  (CoinDesk, highcharts.com)
Chart showing a drop in bitcoin's price Nov. 16 (CoinDesk, highcharts.com)